6 bedroom town house for sale
Italy - Apulia, Bari, Monopoli
like this property?Call: 03339 397333
- PRIME location in Monopoli by the sea
- SEA VIEWS
- Renovation OPPORTUNITY
- B&B with 8 bedrooms possible
- LARGE ROOF TERRACE with summer kitchen
- Walkable to all amenities
- Train access to Bari airport
- Walkable to sandy beach
- 30 min by car to Bari airport
- Strong rental market
A rare occasion to purchase a town house facing the harbour with a large roof terrace with marvellous sea views over the active harbour with fishing boats and pleasure crafts. Accommodation is on 2 floors plus basement and is currently divided into 2 separate parts.
The total net floor area is 165 sq.m. The first part which is the main part of the building is on 120 sq m; on the ground floor of 80 sq m it has five rooms plus kitchen and one bathroom. There is one balcony facing the harbour with double French doors.
On the first floor of 40 sq m there are two interconnecting rooms plus steps down to a kitchenette and bathroom. On this floor there are also double French doors leading to a balcony facing the square on the this east side of the town house.
The second part of the house is a 1st floor self contained apartment of approximately 38 sq m.
There is a basement area with two smaller storage rooms of approximately 6 sq, m.
This unique historical building was one the home of the Mayor of Monopoly. Its garden area has since long been developed into the Port authority next door.
Possible to restore the building as a large family home with six bedrooms on approximately 165 sq. m or develop as a B & B business with either 8 bedrooms or 4 self-contained apartments of 1-3 bedrooms each, possibly keeping the first floor apartment as the owners residence.
The potential income as a B & B is in the region of 200.000 euro per year for a professionally run and internationally marketed business. In case you are considering a B & B business it should be stated straight away that very hard to go wrong with this property it such a prime location! You could run your business say for 10 months in the year and close for business January-February.
The renovation cost could be estimated of 180.000 euro, naturally depending on style and quality.
CasaPuglia offers project management and a fixed price contract for the building works could be obtained.
Monopoli is a city of 80,000 inhabitants and the property has a prime position as located close to the main square and to the famous beautifully restored old town. Monopoli is a sought after holiday destination and as the town has so much to offer the holiday season is much longer than most other towns or 10 months a year. Monopoli is becoming a sought after holiday home for more and more foreigners who has discovered all that is offered. Monopoli is conveniently located in 30 minutes from the main international airport in Bari. There is a main train station with train service between the airport and Bari in 50 minutes. There is a sandy beach in Monopoli so you can have your morning swim, coffee and breakfast at many of the small cafes in the immediate vicinity; enjoy excellent and elegant shopping and dine at many of the fine restaurants in the old town.
WHAT TO SEE:
The town house has the advantage of being located 30 minutes south of Bari, the commercial city, with its international airport, with 250 000 inhabitants offers the best shopping, a grand opera house, called the Petruzzelli teatro; a large medical city centre with many museums.
Just north of Bari is the sweet sea side village of Santo Spirito and 10 minuted further north lies a little town called GIOVINAZZO a true gem, right by the sea. Further north passing Molfetta is Puglia Outlet village, a famous shopping galleria and 5-10 minutes further north is TRANI, a sophisticated town with a beautiful half moon bay & marina. Continue inland 35 minutes via Andria to CASTEL DEL MONTE, which is the mystical castle is built by Frederic II in the 13th Century. This is also an important wine producing area with many excellent red wines of both DOC and DOCG status. The red grapes are Uva di Troi, Aglianico and Bombino Nero. There is a smaller White wine production, mainly chardonnay.
Within a two hour drive to the north lies GARGANO, the peninsula called the spur of the Italian boot. Gargano forms a large nature and wild life Reserve and offers hiking and scenic trips around the peninsula. Visit the town Fondo San Giovanni where the saint Padre Pio lived.
From Gargano there are daily boat trips to the small Tremiti islands.
WHAT MORE TO SEE:
Just to the north of Monopoli is famous Polignano a mare, with dramatical cliffs to the sea, a beautiful old town and the best ice cream in Apulia!
10-15 minutes south of Monopoli you find Capitolo, well known for many beach clubs and hectic night life; and a bit further on is Savelletri, the most charming fishing village in this area, with many fine restaurants and bars.
Nearby Monopoli come many interesting places to visit for day trips, such as the mile long caves of CATELLANA; the archaeological excavations of the Roman EGNATIA by the Adriatic coast line; the beautiful white town of OSTUNI, located on top of a hill with fantastic sea views; the medieval town of ORIA; the wealthy baroque town of MARTINA FRANCA; the petite and charming CISTERNINO, the Zoo Safari Park of FASANO (lots of fun for children and adults alike); GROTTAGLIE famous for its ceramics and old stone carvings; the famous baroque city of LECCE which is called the Florence of the south.
SALENTO: In Salento the coastline is fascinating and you can drive by car a few hours along the Adriatic coast line and passing many fine sea villages, like OTRANTO and CASTRO Marina. Continue to Santa MARIA DI LEUCA and you are at the meeting of the two seas- the Adriatic and the Ionian.
Inland Salento there are a number of historical charming villages with ancient history. The advantage to stay in a village is to be able to socialize with Italian neighbours, to walk to the piazza café and buy a newspaper and a cup of coffee in the morning and having all amenities within reach day and night time. The town houses often come with a garden and roof terrace. When you approach a simple door just of the street you will often be surprized to find that inside there is a little palace, a 50 sq m garden and with great views over the country side from the roof terrace.
In Sternatina and Martigignano to the south of Lecce antique Greek is still spoken by the villagers.
MAGLIE is like a mini Lecce and with many fine buildings. Muoro Leccese is smaller and also represent a small town/village with a fine architectural history. Cutrofiano popular for French holiday home ownerships. Ruffano has many fine old buildings for sale, waiting to find new owners and to be restored. Surano has a small town centre with very nice antique buildings for sale. Spongano again is a small village surrounded by olive groves. Here you can see secluded great villas and country retreats owned by foreigners and families from North Italy who come to relax in rural Salento.
Everywhere inland in Salento you see the vineyards and olive trees. Salento is a big producer of wine and olive oil, you can buy 5 litres Extra Virgin oil for about EUR 35.
The east coast of Salento is rougher than the south west and for people who enjoy the sea and fishing. Castro is beautiful with its location on top of the cliff by the sea and many villas with direct access to the sea. Santa Cesarea Terme is a spa resort, very popular with a beautiful setting and bay.
The cost from Santa Maria di Leuca to GALLIPOLI has many fine sandy beaches. The villages are perhaps not the prettiest but room for the beach life, pizzerias, restaurants and disco music summer time.
SANTA CATARINA well known also for its many fine villas in the area, some antique.
The sea outside of PORTO CESARE further up the coast is probably the most beautiful and fantastic sunsets.
So when you continue along the Ionian side for miles and miles of blue flag beaches. Gallipoli is fascinating city built on a peninsula and a marvellous old town. Further north east you find Santa Catarina which is a sophisticated place and many celebrities have holiday homes here during the hectic August summer time. A bit further comes the super Porto Cesare with many seaside restaurants and a lovely bay with fishing boats.
By air there is a choice of two international airports, served by Ryanair, Easyjet , BA and others, both easily reached on the coastal motorway in 60- 70 minutes; Bari in 25 minutes on the motorway to the south and Brindisi a further 60 minutes. Both cities have ferry traffic to Greece, Albania and Croatia so it's possible to make weekend trips across the Adriatic Sea.
WHAT MORE TO SEE IN APULIA:
LIFESTYLE AND CULTURE:
The Italian lifestyle means many things but especially socializing; the home is used for sleeping and breakfasts, the Italians go out for enjoyments and dining. Based in Canale di Pirro there are so much you can experience, like early morning markets in the small towns. music festivals, religious carnivals, the beach life, historical tours in the main towns, cooking classes, learning a bit Italian at language schools, dining at the many country and sea side restaurants, night clubbing at the beach clubs of Capitolo.
As Apulia is a peninsula and surrounded by the two seas- the Adriatic in the north and the Ionic in the south - water sports dominate in the area; sailing, yachting, water-skiing, kitesurfing swimming & beach life. Golf is available with five good courses and San Domenico is world class (PGA 2014 Challenge Final). Tennis (there is one tennis club just 5 minutes away from the villa in Selva di Fasano) horseback riding, hiking and bicycle tours are other options for the active minded. Squash clubs are located in Bari, Bitonto and other places.
Being south, Apulia has warmer weather than Northern Italy and even in the "winter months" of December to February the average number of sun hours per day is 4 and in June-August 10-11 sun hours per day! This means you can enjoy a long season of nice weather in Apulia. When you plan to buy a holiday home in Apulia think of that you will spend a lot more time outside than in the inside compared to at home. Therefore you will need plenty of terrace space, pergolas, etc. at your Apulian property and also cooking facilities outside is very practical.
The water temperature in beginning of May is in average 19 degrees, up to 27 degrees in August/September and 19 degrees in November. This means you & family will spend time at the beach. Where ever you are in Apulia you can reach the beaches within 30 minutes!
WHY BUY IN APULIA?
Apulia has until recently been called the hidden treasure of Italy, unknown to most tourists who come & stay in Rome, Florence, Venice and at the Italian Riviera. However, all this is rapidly changing because of massive investments in the infrastructure, such as the improved motorways, enlarged airports and the introduction of low cost airlines such as Ryanair and Easyjet. The property prices are low in Apulia and low means value for money at bargain prices for the international buyers. We see more and more foreign visitors coming to Apulia and in our opinion investments will show good growth in value because of the increased demand. Also from north Italians as Apulia has become the most popular holiday destination for Italians. But rest assure, no tourist villages will ever be built because in Apulia the cost line is protected and people are not accepting modern developments which do not fit into this historical landscape. Therefore, with increased demand for a fixed and limited number of properties prices are bound to rise.
WHY BUY FROM CASAPUGLIA?
Firstly we are an English speaking agency based in the middle of Apulia with local experience and can guide you to get the right property at the right price for you.
Secondly we have personally inspected every property that we recommend to buy and do not list hundreds of properties but a smaller selection of properties which we belive offer good value to the buyer. In Apulia many properties are offered at unrealistic prices but we say no to sellers who want us to list properties for sale at silly prices.
We have many years of international property experience, including 10 years in London, and see investments in Apulia through an international perspective. We have been active in several EU property markets and specialize in property management to ensure well maintained property for growth in property value.
We have a comprehensive range of local services:
- acting for the buyer - and not for the seller - by searching the market for the right property, negotiate the price and give advice through the buying process leading to completion of the purchase
- property management; we look after your property when you are away and ensure it is in perfect condition when you arrive. We will prepare a maintenance plan for annual maintenance and repairs of you property, which is essential to maintain and increase the property's value
- project management; we can act as your local representative and manage any renovation or refurbishment. We will also advise on any value added measures which could further enhance the capital growth of your property.
- lettings- we can assist you in the letting of you property and check in your tenants, deposit taking, checking out & inventory control.
Refer also to our webpage www.casapuglia.com.
We look forward to hearing from you soon!
- Bari Palese (International), 51.7 miles
- Brindisi - Salento (International), 61.3 miles
*Distances are straight line measurements. This feature is currently in beta.